I'm curious about what bank is the best bank to do a cashout refinance with.

But would I tell a person I don't know to find and buy a severely distressed property, take out a hard money loan to buy it, perform a monster rehab, and then refinance and hope for the best? 

I also think that if I can make all of my money back in 4 years with a cash out refinance, what is the danger?

Just do a 5% conventional for your next property.Not sure why you'd need to refinance out of an FHA loan only because you want to use a FHA loan again. 

On the other hand, we also had three provide cash-out refinances. 

You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

After renovating, I'm ready to refinance and push the property to my LLC.

I am thinking to refinance my paid off property.

You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

There is nothing that the IRS says about how long you have to wait do a refinance.